Tax law allows those who itemize their returns to deduct certain state and local taxes, this is known as the SALT deduction. The provision was capped for individuals regardless of marital status at $10,000 by the Tax Cuts and Jobs Act as a revenue raiser, upsetting those in high-tax states like New York, New Jersey and California. With current razor thin margins in Congress and members of both parties representing these areas, our tax team dives into how the House and Senate may negotiate the caps and how they could be extended to corporations in 2025 tax legislation.

The Menu Gets SALTier: State and Local Taxes in TCJA Negotiations

Jan. 20, 2025, marked the starting line of the first 100 days of President Donald Trump’s second term. This podcast is part of a series tracking critical policy issues the White House may look to act on during the defining period of any president’s administration. This week, our team delves into artificial intelligence: examining how the Trump administration and Congress aim to advance the technology, and how states might respond or even preempt federal policymaking.

The First 100 Days: Artificial Intelligence

Jan. 20, 2025, marked the starting line of the first 100 days of President Donald Trump’s second term. This podcast is part of a series tracking critical policy issues the White House may look to act on during the defining period of any president’s administration. This week, our team examines the state of congressional negotiations on appropriations bills that continue government operations, and budgetary reconciliation efforts that advance the Republican policy agenda.

The First 100 Days: Appropriations/ Budget Reconciliation

Construction defect litigation has loomed large over Colorado’s development industry for more than a decade. From insurance issues to HOA lawsuits after the fact, construction defects can impact any stage in the life cycle of a development and the threat of lawsuits been used as a scapegoat for Colorado’s lagging housing supply. Tune in as Brownstein’s Kevin Walsh and Corey Zurbuch go over the legal landscape surrounding construction defects and how the related volley of statutory changes, judicial rulings and litigation have impacted communities in Colorado. 

Colorado’s Construction Defect Litigation Landscape

With the reconciliation framework in place, congressional Republicans face the challenge of crafting a final bill. As they aim to solidify tax provisions from the Tax Cuts and Jobs Act, deliver on promises President Trump made to working-class voters and address broader tax concerns, lawmakers are searching for methods to offset the costs of their ambitious policy agenda. Today, Brownstein’s tax team explore proposals gaining traction in Washington, including increasing taxes on individuals earning over $1 million. They'll examine the feasibility of this departure from conservative orthodoxy and discuss alternative strategies Congress might consider.

Million Dollar Question: Will the Top 1% See a Tax Increase in 2026

President Trump has made returning manufacturing jobs to America a cornerstone of both his terms. Republicans in Congress are hoping to lend a helping hand during the drafting of their reconciliation bill by including provisions that offer tax incentives to companies that commit to domestic production. In this episode of our tax podcast, we delve into the potential structure of these credits and explore whether lawmakers might draw inspiration from past tax legislation, including the Biden-era Inflation Reduction Act.

Manufacturing a New Tax Incentive

Colorado counties reassess property taxes for real and personal property every two years. With the notices of valuation for the 2025-2026 cycle being released on May 1, Brownstein Shareholders David Meschke and Justin Cohen explain why commercial property owners need to start preparing to review their assessment notices and decide whether it makes business sense to appeal those determinations.

Preparing for 2025-2026 Colorado Commercial Tax Assessments

More than 100 days into the Trump administration, the spotlight has primarily focused on executive actions. Meanwhile, Congress continues to investigate matters tied to the president’s policy agenda, and issues prioritized by House and Senate committee chairs. Our team revisits the oversight predictions they made after the 2024 elections and examines the risks industries face after the beginning of the 119th Congress.

100 Days: Congressional Oversight

House Republicans are crafting a reconciliation bill to advance President Trump’s legislative agenda, including tax cuts. The Inflation Reduction Act (IRA), a key achievement of President Biden, has faced criticism, particularly regarding its green energy tax credits. In this episode of our continuing tax podcast series, our team discusses the future of clean energy tax provisions in congressional negotiations. 

Nervous Energy: IRA Tax Credits Under Threat in Reconciliation

When the dust settles, the results of the 2025 Colorado Legislative session will impact the real estate industry. Listen in as Brownstein’s Andi Stader, Sarah Mercer, Abby Kirkbride and Claire Havelda discuss what passed and what the possible short- and long-term impacts will be.

100 Days: Congressional Oversight

Brownstein Podcast Series

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